40 Wellspring Avenue, Richmond Hill, ON

$1,050
MLS#:N12954608
1 beds
1 baths
< 700 sqft
1.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Oak Ridges. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $1,050 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning < 700 sqft
  • Features a ["finished with walk-out", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Bright and well-maintained basement room with private ensuite bathroom and separate entrance. This unit offers a comfortable and functional living space, featuring a private bedroom and bathroom, with shared access to kitchen and laundry facilities. The room is fully furnished, including a bed, mattress, desk, chair and closet/storage space, making it move-in ready. Located in a quiet and convenient neighbourhood, close to public transit, shopping, and amenities. Ideal for a single professional or student seeking a clean, private, and affordable living space. Preferred Less Cooking. No smoking. One Parking Spot. All utilities and Wifi Included.

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Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date4/2/2026
Transaction TypeFor Lease

Property Details

Property Sub-TypeDetached
ConstructionBrick, Stone
CountyYork

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Fenced Yard, Level, Park, Public Transit, School

Community Features

Location

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40 Wellspring Avenue, Richmond Hill, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 40 Wellspring Avenue BSMT Suite, Richmond Hill, ON L4E 4Z6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$840
Monthly Mortgage$5
Property Tax (Est.)$0
Utilities & Maint.$350
Total Monthly Cost$355

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Richmond Hill.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Oak Ridges, Richmond Hill.

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$1,464,366

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
50%
Couples without children
27%
Other households
5%

Top Ethnic Origins

Chinese30%
Iranian11%
Canadian8%
Italian7%

Local Schools Guide

Elementary Schools

Oak Ridges
Public160 Coon's Road, Oak Ridges, Richmond Hill, Ontario, L4E 2P7
6.1
Kettle Lakes
Public62 Kingshill Road, Richmond Hill, Ontario, L4E 4X5
7.6
Father Frederick McGinn
Public61 Brockdale Street, Richmond Hill, Ontario, L4E 4W2
7.1
Our Lady of Hope
Public80 Red Cardinal Trail, Oak Ridges, Richmond Hill, Ontario, L4E 4B8
7.1
Académie de la Moraine
Public13200, Oak Ridges, Richmond Hill, Ontario, L4E 2T2
4.7

Secondary Schools

Renaissance
Public700 Bloomington Road, Aurora, Ontario, L4G 0E1
8.1
Cardinal Carter
Public210 Bloomington Road, Aurora, Ontario, L4G 3G9
7.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.